Wednesday, October 28, 2015

Janet Yellen: Just Do It

The equity market bounce has given you a free pass to hike, if only a little.

25 bps today will keep everyone on their toes.  Then you can stand pat in December and let them know you hear their concerns, etc. etc.

6 comments:

Christian Gustafson said...

Janet, the hawkish statement is nice, but a rate hike would have been even better.

Bicycle said...

Your resolve receives my admiration!

Christian Gustafson said...

Look @ late 2011. I think we're drawing a very similar tape into the end of 2015. I'll post a chart tonight.

Q3 GDP tomorrow morning, first look at it.

Bill Bober said...

Oil is about to go, to da moon!

T.Berry said...
This comment has been removed by the author.
T.Berry said...

so seem stocks bill. only 2% from new ath's and oct on pace to be the very best month ever for s&P. lol :)

janet gets it right again. no need to raise rates.